Farmers and Merchants Bancshares (OTCMKTS:FMFG) Trading 0.1% Higher – Time to Buy?

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFGGet Free Report)’s stock price traded up 0.1% during trading on Tuesday . The company traded as high as $17.00 and last traded at $17.00. 310 shares were traded during mid-day trading, a decline of 70% from the average session volume of 1,017 shares. The stock had previously closed at $16.98.

Farmers and Merchants Bancshares Price Performance

The stock’s 50-day simple moving average is $17.54 and its 200 day simple moving average is $17.70.

Farmers and Merchants Bancshares Company Profile

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Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.

In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.

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